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Designer's testimony fails to sway British court in Land Rover case

Former Ford designer J Mays testified on behalf of Land Rover in its bid to trademark the shape of the original Defender. But a judge sided with Ineos, which plans to build the Grenadier 4X4.
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U.S. judge denies bail to 2 men accused of aiding Ghosn escape
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Mitsubishi to halt Outlander, ASX shipments to Europe, source says
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How Bosch is connecting the hardware and software dots
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Renault Clio hybrid provides more power, emits less CO2 than diesel siblings
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Schaefflers had $35 billion fortune, then things unraveled
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UK-Japan auto tariffs to remain until 2026, report says
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Fisker has tentative deal for Magna Steyr to build its electric SUV in Austria
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Ferrari's first plug-in hybrid delayed by virus challenges
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UK-Japan auto tariffs to remain until 2026, report says

Japan has been seeking to have the automotive levies lifted early. The two countries are negotiating their post-Brexit trade status, with a deal expected by the end of August.

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How Bosch is connecting the hardware and software dots
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U.S. judge denies bail to 2 men accused of aiding Ghosn escape

Judge Indira Talwani rejected bail for U.S. Army Special Forces veteran Michael Taylor and his son, Peter Taylor, after Japan had sought their extradition. A magistrate also previously denied their release.

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Schaefflers had $35 billion fortune, then things unraveled

Georg Schaeffler and Maria-Elisabeth Schaeffler-Thumann's combined fortune has been diminished to $8.5 billion during the coronavirus pandemic, which has hurt their two large automotive assets.

 

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NEWS ANALYSIS
Designer's testimony fails to sway British court in Land Rover case

Former Ford designer J Mays testified on behalf of Land Rover in its bid to trademark the shape of the original Defender. But a judge sided with Ineos, which plans to build the Grenadier 4X4.

fisker_ocean_1.jpg
AUTOMAKERS
Fisker has tentative deal for Magna Steyr to build its electric SUV in Austria

Fisker said it expects to reach a definitive agreement "in the next few months" to have Magna Steyr start production of the Fisker Ocean at its factory in Graz, Austria, as early as the fourth quarter of 2022.

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LG Chem CEO expects battery revenue to double by 2025

The South Korean supplier has benefited from European governments subsidies to help boost EV sales as well as new models from automakers including VW Group.

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Sensor supplier AMS wins Great Wall business

Austria-based AMS is seeking to expand its automotive sensor activities. Vehicles from China's Great Wall will use its technology in autonomous driving systems.

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Mitsubishi to halt Outlander, ASX shipments to Europe, source says

Imports of the Space Star/Mirage small car, the brand’s best-seller in Europe, and L200 pickup are expected to continue until the end of 2021. The source said those two models won't be enough. “Without the SUVs," the source said, "there is no business.”

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Magna posts $647 million Q2 net loss

The diversified Canadian parts supplier is the latest of several major automakers to report losses this week as its customers shut production amid government-enforced lockdowns.

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